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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K


                                 CURRENT REPORT


                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934


                Date of Report (Date of earliest event reported):
                                February 18, 1997


                      Banc One Auto Grantor Trust 1996 - B
                    (Issuer with respect to the Certificates)

                            Banc One ABS Corporation
             (Exact name of registrant as specified in its charter)



                                      Ohio
                  (State or other jurisdiction of organization)



           333-3457                               31-1467431
    (Commission File Number)            (IRS Employer Identification Number)



       c/o Bank One, Arizona, N.A., as Servicer, 201 North Central Avenue,
                     Attn: Tom Lewis, Phoenix, Arizona 85004
               (Address of Principal Executive Offices) (Zip Code)



               Registrant's telephone number, including area code:
                                 (602) 221-3704



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ITEM 5.           OTHER EVENTS

                  On February 18, 1997, the Banc One Auto Grantor Trust 1996-B
                  (the "Trust") made a regular monthly distribution of principal
                  and/or interest to holders of the Trust's Class A 6.55% Asset
                  Backed Certificates and Class B 6.70% Asset Backed
                  Certificates. Exhibit 99.1 of this Form 8-K, the Monthly
                  Statement and certain additional information, was distributed
                  to the Certificateholders of record.

                  This report on Form 8-K is being filed in accordance with a
                  no-action letter dated August 16, 1995 issued by the staff of
                  the Division of Corporation Finance of the Securities and
                  Exchange Commission to Bank One,Texas, N.A., as originator and
                  servicer of Bank One Auto Trust 1995-A. Consistent with such
                  no-action letter, the Trust is hereby filing the Monthly
                  Statement and certain additional information reflecting the
                  Trust's activities for the Interest Period from January 15,
                  1997 through February 17, 1997 and for the Collection Period
                  from January 1, 1997 through January 31, 1997.

ITEM 7.           EXHIBITS

                  See page 4 for Exhibit Index



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EXHIBIT INDEX




Exhibit           Description                                                                                  Page
- -------           -----------                                                                                  ----


                                                                                                          
99.1              Monthly Statements and Additional Information......................................          5-13







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SIGNATURE



Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                 BANC ONE AUTO GRANTOR TRUST 1996-B

                                 By:  Bank One, Arizona, N.A., as Servicer on ..
                                 behalf of the Trust


Date:   February 13, 1997        By: /s/ Tom Lewis
        -----------------           ------------------------------------
                                 Name:   Tom Lewis

                                 Title:  Vice President